What is a free enterprise economy?

a. an economy in which consumers and privately owned businesses make the majority of basic economic decisions

b. an economy in which the government makes the majority of basic economic decisions

c. an economy that is almost entirely free of markets

d. an economy that is free from a circular flow of economic activity

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Thalia Boyd

18 August, 02:38

What is a free enterprise economy?

a. an economy in which consumers and privately owned businesses make the majority of basic economic decisions

b. an economy in which the government makes the majority of basic economic decisions

c. an economy that is almost entirely free of markets

d. an economy that is free from a circular flow of economic activity

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Abbey Harris · Answer 1

An economy in which consumers and privately owned businesses make the majority of basic economic decisions is a free enterprise economy is the correct answer